Tag: South Africa

Africa institutional investors
BusinessHot News

Africa’s largest asset manager raises stake in Clicks Group to $896.6 million

Africa’s largest asset manager, PIC, raised its stake in Clicks Group to 20.135%, signaling confidence in the retailer’s market leadership and growth.

Feyisayo Ajayi Feyisayo Ajayi
LuxuryTourism

Club Med expands to South Africa with a $108.6 million luxury resort—A must-visit destination

Club Med debuts in South Africa with a $108.6 million luxury beachfront resort, opening July 2026—boosting tourism, jobs, and global travel appeal.

Timilehin Adejumobi Timilehin Adejumobi
Prosus, the Amsterdam-based unit of Naspers.
BusinessHot News

Top 20 most valuable stocks on the Johannesburg Stock Exchange exceed $930 billion

The JSE's top 20 stocks, led by Prosus, BHP, and Richemont, drive Africa’s largest exchange, spanning tech, mining, finance, and consumer sectors.

Feyisayo Ajayi Feyisayo Ajayi
BusinessHot News

Africa’s largest asset manager raises stake in Grindrod to $102.8 million

Public Investment Corporation (PIC) boosts investment in Grindrod, increasing its stake to over 20% worth nearly $103 million

Feyisayo Ajayi Feyisayo Ajayi
Clifton 4th Beach, Cape Town
Hot NewsLuxuryTourism

South Africa’s Top 7 luxury beaches for affluent travelers

Discover South Africa’s seven most exclusive beaches offering luxury amenities, private villas, and high-end experiences for discerning travelers seeking unparalleled coastal indulgence.

Feyisayo Ajayi Feyisayo Ajayi
Coronation Fund Managers
BusinessHot News

Coronation Fund Managers hits $36.62 billion in assets under management

Coronation Fund Managers reaches $36.62 billion in assets under management, driven by ethical investment practices, operational excellence, and a long-term valuation-driven approach.

Feyisayo Ajayi Feyisayo Ajayi
south Africa banks
BusinessHot News

Top 5 biggest banks in South Africa

These financial giants anchor South Africa’s economy and compete on a global stage.

Timilehin Adejumobi Timilehin Adejumobi
South Africa welcomes 7.2 million tourists in 2024, generating over $5 billion in revenue
TourismHot News

South Africa welcomes 7.2 million tourists in 2024, generating over $5 billion in revenue

South Africa welcomed 7.2 million tourists in 2024, generating over $5 billion in revenue and creating 1.5 million jobs, bolstering its economy and global appeal.

Feyisayo Ajayi Feyisayo Ajayi
TourismHot News

Top 7 coastal getaways in South Africa you Can’t miss

At a Glance: South Africa, positioned at the southern tip of the African continent, is renowned for its exceptional landscapes and natural beauty. From exhilarating wildlife safaris to world-class Winelands tours and historic vineyards, this diverse country offers something for every traveler.  However, it’s the spectacular coastline, stretching over 2,850 kilometers and spanning four provinces, that stands out as a…

Timilehin Adejumobi Timilehin Adejumobi
PIC deepens stake in Sibanye-Stillwater miner
BusinessHot News

Public Investment Corporation boost holdings in Northam Holdings to $469 million

Public Investment Corporation increased its stake in Northam Holdings, reinforcing confidence in South Africa’s platinum group metals (PGM) sector.

Feyisayo Ajayi Feyisayo Ajayi
Capitec Bank's App
BusinessHot News

Capitec Bank: South Africa’s $19 billion retail banking giant with 22.1 million customers

Founded in 2001, Capitec has grown into Africa's largest retail bank by market size, assets, and customer base.

Omokolade Ajayi Omokolade Ajayi
Dada Masilo
EntertainmentHot News

5 of South African dancer Dada Masilo’s career-defining performances

Masilo's passing on Dec. 29, just two months before her 40th birthday, leaves a significant void in South African dance.

Omokolade Ajayi Omokolade Ajayi